PPP Loan information for Duo - tec tool co.

$337,700

Duo - tec tool co. was initially approved for PPP Loan of amount $337,700, the current approved amount is $337,700. The loan was approved on 04/29/2020 by The Highland Bank reported 17 jobs and $337,700 was used to fund payroll.

Duo - tec tool co. is Existing or more than 2 years old

DUO - TEC TOOL CO.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DUO - TEC TOOL CO.

Borrower Address

8550 Revere Ln N

Borrower City

OSSEO

Borrower State

MN

Borrower Zip

55369

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337700.00

Current Approval Amount

337700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSEO

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

17

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

337700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

340558.88

Forgiveness Date

03/11/2021

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